B157, Phoenix Place, Prince Edwin Street, Liverpool, L5 3AA

GUIDE PRICE: £19,000 -  £24,000

A LEASEHOLD STUDENT ACCOMMODATION INVESTMENT

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Property Description

Phoenix Place is a purpose built as student accommodation, Phoenix Place is the perfect home-away-from-home for your educational adventure in Liverpool. It’s well located for all the city’s universities and attractions, with shops and gym close by. Comfortable, modern rooms, all with private bathrooms, make the ideal refuge for study and rest, while our social spaces are a great way to meet new lifelong friends. A 24-hour concierge can help with little problems like a lost key, and ensure the whole building stays safe and secure.

This studio student apartment provides a self-contained, private and modern living space. This would be particularly popular with students and is managed by the onsite managing agents currently on an assured rental. The features consist of having a self-contained studio with bedroom area, kitchenette, study area and shower room. It is of a modern styling throughout.

We have been advised of the following lease information (please confirm with your legal representative)

Lease Term - 250 years from 1st January 2017

Ground Rent - £350 per annum

Service Charge - £1,703.41 per annum

Energy Performance Rating

See Legal Pack

Auctioneers Note

The deposit for exchange of contracts on this property is 5% subject to a minimum of £5,000.

The completion period for this property is 8 weeks (56 days)

Starting Bid and Reserve Price

*The Reserve Price is the minimum price at which the auctioneer is authorised to sell the lot at auction which is generally no more than 10% in excess of the guide price. The lot may be sold to the highest bidder at or above the Reserve Price but the auctioneer is not authorised to accept a bid below the Reserve Price. Reserve prices are subject to change up to the date of the auction. Please note that Lots may be withdrawn prior to the end of auction

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm’s employment has the authority to make or give any representation or warranty in respect of the property.